The post has been vacant since Manoj Vaish left in May
Interview with Chairman, Rajesh Exports
It is estimated that a fourth of the 225 tonnes of gold imported in the two months ahead of Diwali has been used for this
Around 50-60 tonne has been added to stocks in the last few months
Cotton-2 contracts, a benchmark for global prices, have fallen almost 30% after peaking on May 5 this year
Last Friday, the price of Brent crude, seen as a benchmark for what India uses, saw a low of $75.3 a barrel - it is now trading around $79
The governments of India, China and Pakistan are intervening to prop up prices by way of subsidies or by buying cotton
Silver imports have also shot up 136% to $686 million
OPEC is looking for a reasonable price, at which producers and consumers can 'live together'
Rising import of gold has government officials worried because of the CAD deficit
At an estimated 120 tonnes, industry experts say imports are not too high, as seen by premiums that are still around $22 per ounce
If it is for use as jewellery, it would make sense to accumulate when prices touch Rs 25,000 per 10 g
The import bill of gold for October is estimated to have gone up to $3.5 billion
Gold to silver price ratio at a 5-year high shows preference for the white metal; some, in fact, predict a surge in coming years
Interview with Chairman, FTIL
Several cases of misuse of the scheme found, need felt to make import transparent
Premiums had fallen to below $10 per ounce on Tuesday after Diwali holidays, as new gold arrived in the market
Shareholders to oppose move to change management, say govt doing what Putin regime did to Yukos oil company